By now, gold and silver investors have had a few days to process the latest selloff on Friday, that left silver again under $30, and gold only a few dollars away from breaking below the $2,300 level.
Yet both metals have rebounded from...
Vince Lanci
Articles by Vince Lanci
After finally breaking through the $30 level on May 17, and even trading over the $32.50 mark, the silver price has finally dropped back below the $30.
Cause for concern?
Or just normal volatility around an active trading level?...
Cause for concern?
Or just normal volatility around an active trading level?...
Coming out of the holiday weekend in the US the silver price was on the rise again, as it ticked up to $32.
This comes on the heels of a volatile week in the silver market following the long awaited break through the $30 level. And in...
This comes on the heels of a volatile week in the silver market following the long awaited break through the $30 level. And in...
3 years ago during the Silver Squeeze weekend leading into February of 2021 the silver price touched $30 for a few hours, before heading down a path that would eventually leave the price down below $18 by September of 2022.
Ever...
Ever...
A few weeks ago we saw silver rally close to the $30 level, before a Friday afternoon reversal left the price closer to $28 by the time the trading session closed.
Yet after a weaker than expected CPI report on Wednesday morning, both...
Yet after a weaker than expected CPI report on Wednesday morning, both...
Silver investors often hear a lot about the copper market, which shares similarities with silver, and has been facing a supply demand imbalance that's left investors wondering if we are headed towards a shortage of supply.
So in today's...
So in today's...
The latest CPI data comes out this Wednesday, with the markets looking for any clues that Jerome Powell may still cut interest rates this year as recently suggested.
And in today's show, Vince explains why the higher than expected...
And in today's show, Vince explains why the higher than expected...
While China has been buying large amounts of gold for years now, one new development we've seen recently is that they continue to gain more influence over how and where the precious metals are traded.
This week a China refinery was just...
This week a China refinery was just...
The Federal Reserve held its latest meeting and press conference yesterday, where they left rates unchanged as expected.
But they did make an adjustment to their quantitative tightening policy, and Jerome Powell also had some comments...
But they did make an adjustment to their quantitative tightening policy, and Jerome Powell also had some comments...
Gold and silver prices are down sharply this morning, with gold down $38 and silver down 85 cents. But even with the precious metals off from the highs of the recent rally, the banks are continuing to write about the value in the mining...